Mon, 1 January 2018
CW 934 - Danielle DiMartino-Booth - Federal Reserve Bank of Dallas, Money Strong, FED UP, An Insider's Take on Why The Federal Reserve is Bad for America
HAPPY NEW YEAR!!! 2017 is in the rear view mirror and we're meeting 2018 straight on. Jason kicks off the show discussing scalable business models, the impact of rising interest rates in 2018 and the bubble economy we're in now. There will be a lot more in-depth coverage of these issues at Meet the Masters of Income Property in 2 weeks!
Then, Jason Hartman talks with Danielle DiMartino-Booth, author of FED UP! and founder of Money Strong, about her thoughts on the new tax reform bill, whether the corporate repatriation will improve the economy, cryptocurrency, the US shrinking labor force and more.
[1:59] The best business model in the music world
[7:25] What we'll be seeing as interest rates creep higher in 2018
[12:36] It's easy to suggest that we live in a bubble economy
Danielle DiMartino-Booth Interview:
[16:11] Danielle's thoughts on the new GOP Tax Reform
[19:40] Share buybacks have slowed, why is that important?
[22:20] We have no idea what the unwind of the biggest experiment in monetary policy will look like
[25:12] Why the biggest bubble out there today is the confidence bubble
[26:06] Danielle's opinion of the cryptocurrency world today
[28:38] The best comparison for the cryptocurrency mania we see today
[31:57] The United States has had a shrinking work force for 20 years now
[32:52] We have GOT to change our education system so we can be competitive on the global stage
[35:01] Some bullet points about what Danielle will be discussing during her speech at Meet the Masters
So much of this tax law depends on unicorns existing that I just don't know how much faith we can put in it
2017 has been a record run rate for quantitative easing globally
You can't tell me that anything is a storer of value that can lose 25% in a week